Proven in 2011, BurgerFi is among the nation’s swiftest-expanding greater burger concepts with around 120 dining places domestically and internationally: and it’s not stopping there
Palm Beach, FL (RestaurantNews.com) BurgerFi International Inc. (Nasdaq: BFI, BFIIW) (“BurgerFi” or the “Company”) is setting up on its momentum soon after going general public in December 2020 and becoming named Fast Casual 2021 Brand of the Calendar year, by kicking its expansion options into significant gear. The Company is dealing with an spectacular amount of new progress and increasing its details of distribution throughout a number of fronts, which include new brick-and-mortar places to eat, escalating its ghost kitchens footprint and rolling out the new “Fi on the Fly®” foods truck.
Brick and Mortar Progress
“We’re setting up to see the impression of the infusion of money from going general public with 25 signed leases in various levels of development, including 9 new places to eat at this time beneath design,” claimed Ophir Sternberg, Government Chairman of BurgerFi. “We opened two new enterprise restaurants past 7 days on your own in Jupiter, FL and Williamsburg, VA, and we have a huge amount of new cafe openings planned for Q3 and Q4 as part of our new restaurant expansion plans for the 12 months.”
Above the previous 10 years, BurgerFi has opened places to eat in the course of the place, but is now applying a cluster marketplace system mostly targeted on expanding its penetration in the Company’s main Southeast markets and operating up the japanese seaboard.
Commenting on the technique, Julio Ramirez, CEO of BurgerFi, said, “Cities like Jacksonville, Orlando, Nashville, Tampa, Miami and many others along the jap seaboard are in which we’ll target most of our expansion with new business and franchise dining establishments. We’ll capitalize on synergies realizing that additional dining establishments allow us to increase brand name awareness, achieve new guests, convert them to loyal ‘Fi-natics’ and boost our average device volumes.”
Ghost Kitchen area Expansion
BurgerFi was an early adopter of ghost kitchens, moving into that arena in June 2020, as the whole business grappled with the pandemic that created a surge in off-premise enterprise. It was a way to leverage the targeted visitors flowing into the electronic support companies (DSPs), like Uber Eats, Doorway Dash, Postmates, and so on., and companion with providers like Reef Kitchens and Epic Kitchens to promptly develop into new areas with confined financial investment. The organization has developed more than the very last calendar year leading to a substantial expansion in 2021, partnering with Reef Kitchens to open an more 15-20 models in the 2nd 50 percent of 2021. The new units will be focused mainly in BurgerFi cluster marketplaces.
“We’re fired up to broaden our connection with Reef Kitchens, which lets us to increase our achieve in a speedy, versatile and price-productive manner,” said Henry Gonzalez, CMO of BurgerFi. “Our development will be centered on our cluster markets, like Atlanta, Nashville and Miami to name a handful of, as a way to grow our manufacturer awareness, affinity and seed the brand for upcoming brick-and-mortar advancement.”
“Fi on the Fly®” Foods Truck: Bringing All-Purely natural Burgers and Fresh new-Slash Sides Straight to You
Unveiled in Could 2021, the superior-burger notion has taken its award-profitable favorites on the highway with “Fi on the Fly®” to grow its legion of Fi-natics by serving non-public events, company functions, charitable fundraisers, birthdays, weddings, cultural and sporting activities, musical festivals, food items truck situations and much more during the South Florida spot.
“Whether it’s as a result of our physical spots, ghost kitchens or our great new ‘Fi on the Fly®’ foodstuff truck, these are all equipment to connect with our guests however, when and anywhere they want to interact with us to have the greatest burger expertise. Remain tuned for interesting new initiatives in the works,” reported Henry Gonzalez.
To e-book a “Fi on the Fly®” working experience, friends can go to https://www.burgerfi.com/foodtruck/.
About BurgerFi International (Nasdaq: BFI, BFIIW)
Proven in 2011, BurgerFi is amongst the nation’s swiftest-expanding better burger principles with around 120 BurgerFi places to eat domestically and internationally. The notion is chef-launched and is committed to serving contemporary meals of clear quality. BurgerFi employs 100% American angus beef with no steroids, antibiotics, advancement hormones, chemicals or additives. BurgerFi’s menu also includes higher top quality wagyu beef, antibiotic and cage-absolutely free hen offerings, fresh new, hand-reduce sides and custard shakes and concretes. BurgerFi was named QSR Magazine’s Breakout Manufacturer of 2020, Quick Casual’s 2021 #1 Brand of the 12 months, was named “Best Burger Joint” by Shopper Reports and fellow general public fascination companies in the 2019 Chain Reaction Examine, detailed as a “Top Restaurant Brand to Watch” by Nation’s Restaurant Information in 2019 and is incorporated in Inc. Magazine’s Swiftest Developing Personal Providers List. To study additional about BurgerFi or to uncover a whole list of spots, please stop by www.burgerfi.com. Down load the BurgerFi App on iOS or Android devices for benefits and ‘Like’ BurgerFi on Fb or comply with @BurgerFi on Instagram and Twitter.
BurgerFi® is a Registered Trademark of BurgerFi IP, LLC, a wholly-owned subsidiary of BurgerFi.
Ahead-On the lookout Statements
This push release may perhaps contain “forward-seeking statements” as described in the Non-public Securities Litigation Reform Act of 1995, such as statements relating to BurgerFi’s estimates of its future enterprise outlook, prospective clients or money outcomes. Forward-searching statements generally can be discovered by text this sort of as “anticipates,” “believes,” “estimates,” “expects,” “intends,” “plans,” “predicts,” “projects,” “will be,” “will keep on,” “will probably end result,” and identical expressions. These ahead-on the lookout statements are dependent on present-day anticipations and assumptions that are subject matter to risks and uncertainties, which could bring about our actual results to differ materially from those people reflected in the ahead-looking statements. Things that could induce or lead to these kinds of discrepancies involve, but are not restricted to, these mentioned in our Annual Report on Kind 10-K for the year ended December 31, 2020 and those people talked about in other paperwork we file with the Securities and Exchange Fee. We undertake no obligation to revise or publicly launch the final results of any revision to these ahead-wanting statements, except as expected by legislation. Supplied these threats and uncertainties, visitors are cautioned not to location undue reliance on these kinds of ahead-wanting statements.
Investor Relations Make contact with:
Gateway Investor Relations
Cody Slach or Cody Cree
Enterprise Make contact with:
BurgerFi Global Inc.
Media Relations Make contact with:
Laura Neroulias, [email protected]